Read & Discuss – The Intelligent Asset Allocator by William J. Bernstein

During this meetup, we will discuss The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk by William J. Bernstein.

"Profit through good times and bad with a resilient, diversified portfolio.

The Intelligent Asset Allocator has helped thousands of people like you build wealth through carefully diversified portfolios. Now, with global markets in constant flux, balancing risk and reward is more critical than ever.

Self-taught investor William Bernstein offers no gimmicks, inside secrets, or magic solutions―just the facts about investing and calm, smart advice on how to build and manage a portfolio designed for the long run. This is all you need, despite claims of the advisors and pundits looking to profit from your hard-earned money. This easy-to-understand guide provides everything you need, including:

• The basics of finance―historical, psychological, and institutional
• Time-tested strategies for improving the risk/reward ratio
• Ways to sharpen your focus to improve portfolio management

Bernstein walks you through the fundamentals of important topics like multiple-asset portfolios, optimal asset allocations, market efficiency, and strategy implementation.

No one knows the future of markets. Your forecast is as good as that of the last financial pundit you saw on TV. Trust your instincts, trust your research, and trust the proven-effect approach of The Intelligent Asset Allocator, and your portfolio will deliver returns through the blue skies and storms of financial markets."

***

Some more general notes about the book club:

• We rotate through different types of books, with some covering historical or current events and others more along the lines of practical advice about how to do something.
• No specific ideas are necessarily endorsed – we try to read a variety of topics to expose ourselves to new ideas and ways of thinking.
• We try to grab the room to the back-right of Fortnight Brewing Company's main inside seating area (coming in the door on the front of the building, facing Maynard Road), but will get a table nearby if the room isn't available.
• No worries about coming in mid-discussion ― we usually manage to get off-topic anyways ― and feel free to come even if you didn't manage to finish the book. Also, no shame if you listen to it on Audible!